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Knowledge Base

From the latest news and updates to more in-depth information, we keep our finger on the pulse of what benefits you most.

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Health and Welfare

Newly Passed Tax Cuts and Jobs Act Eliminates Employers’ Commuter Benefits Deductions

The revision eliminates a major incentive for employers to offer transportation fringe benefits to their employees.

Retirement

Catch-Up Contributions and Handling Excess Contributions

In preparation for retirement, it is important to be aware of a few key facts regarding contributions. This allows you to maximize your annual limit and avoid over contributing to your 403(b) and/or 457(b) plan.

Health and Welfare

QSEHRA Update – New guidance on required written notices

On October 31, 2017, the IRS issued Notice 2017-67 which announced the new deadline and provided additional guidance on QSEHRA requirements.

Retirement

2018 Retirement Plan Limits

The IRS released Retirement Plan Limits for 2018. Below is a summary of the retirement limits for your reference throughout the coming year.

Health and Welfare

IRS Announces 2018 Cost-of-Living Adjustments for Welfare Benefit Plans

The most applicable adjustments announced in Revenue Procedure 2017-58 are listed.

Health and Welfare

Malware – A Vulnerable Computer means a Vulnerable Identity

Hackers are attempting to hack personal computers every 39 seconds. Do you know what Malware is and how to protect yourself?

Health and Welfare

Should I contribute to a health savings account through my employer or on my own?

Knowing the pros and cons of making contributions through payroll and contributions through your employer can set you up to save hundreds in taxes each year.

Health and Welfare

How Announced IRS Tax Relief for Hurricane Victims Affects Welfare Benefit Plans

Victims of Hurricane Harvey and Irma may qualify for certain tax relief concerning their employee welfare benefits.

Health and Welfare

Easing Employees into a High Deductible with an HSA

Although High Deductible Health Plans are considered by many to be second-class insurance, a properly designed plan that incorporates a HSA and employer contributions can be a win-win for employers and employees.

Health and Welfare

Pre-Tax Premiums May Have Employees Singing the Post-Tax Blues

A recent IRS internal memorandum addresses the tax treatment of benefits paid by fixed indemnity health plans. How you withhold premiums will make a difference.